U get a grasp of the General Populations
financial illiteracy when u see that news headline such as this are needed to explain finance to people :-
Ray Dalio says gold, non-fiat currencies will be a stronger store of value as U.S. debt mounts
Published Fri, Sep 19 20256:13 AM EDT Updated 3 Hours Ago
STRONGER ! it is the store of VALUE. The Fiat Dollar $ will eventually be WORTHLESS. Just like the $ TRILLION Dollar paper Mark in Weimar Germany couldn't even buy a loaf of bread at the end of Hyperinflation.
Until People really understand that " Inflation " is not a rise in prices, that it's in reality, the de-valuation of their Fiat Dollar $.
For a long time & at the turn of the 20'th Century an
Ounce of GOLD would cost u $20 Fiat Dollars to buy. That
Ounce of Gold would buy a man a fitted 3 piece suit with accessories ( leather shoes, belt, tie, cuff links, etc ) This is for a
comparison.
Today that
Ounce of Gold is EXCACTLY the same as it was in the year 1900. Today that
Ounce of Gold will cost u $3,690 Fiat Dollars to buy. It will still buy u a nice fitted suit with the accessories.
Comparison is the same suit/accessories, just now, $3,690 fiat dollars to purchase it.
When u understand the reality that it's ur Fiat Dollars that have lost VALUE because the
Gold Ounce is still exactly the same, it's ur Fiat Dollars that have become Worth Less.
So the
Ounce of GOLD ( the same as it ever was ) has stored that VALUE over those 125 years
So GOLD is just the Gauge that tells u how much ur Fiat Dollar $ has de-valued Today
